Lindex Group
Lindex Group Oyj engages in the retailing business in Finland and internationally. The company operates through Lindex and Stockmann segments. It also offers women's clothing, underwear, children's clothing, and cosmetics. In addition, the company operates department stores; and stockmann.com, an online store. Further, it operates department stores, which offer fashion, cosmetics, and home produc… Read more
Lindex Group (LINDEX) - Net Assets
Latest net assets as of September 2025: €406.50 Million EUR
Based on the latest financial reports, Lindex Group (LINDEX) has net assets worth €406.50 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.28 Billion) and total liabilities (€872.50 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €406.50 Million |
| % of Total Assets | 31.78% |
| Annual Growth Rate | N/A |
| 5-Year Change | 91.08% |
| 10-Year Change | -59.07% |
| Growth Volatility | 21.79 |
Lindex Group - Net Assets Trend (2002–2024)
This chart illustrates how Lindex Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lindex Group (2002–2024)
The table below shows the annual net assets of Lindex Group from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €394.00 Million | +0.64% |
| 2023-12-31 | €391.50 Million | +16.66% |
| 2022-12-31 | €335.60 Million | +25.13% |
| 2021-12-31 | €268.20 Million | +30.07% |
| 2020-12-31 | €206.20 Million | -56.09% |
| 2019-12-31 | €469.60 Million | -46.32% |
| 2018-12-31 | €874.80 Million | -1.16% |
| 2017-12-31 | €885.10 Million | -18.07% |
| 2016-12-31 | €1.08 Billion | +12.23% |
| 2015-12-31 | €962.60 Million | +26.59% |
| 2014-12-31 | €760.40 Million | -15.03% |
| 2013-12-31 | €894.90 Million | +0.18% |
| 2012-12-31 | €893.30 Million | +2.69% |
| 2011-12-31 | €869.90 Million | -1.78% |
| 2010-12-31 | €885.70 Million | +4.35% |
| 2009-12-31 | €848.80 Million | +23.18% |
| 2008-12-31 | €689.10 Million | +16.05% |
| 2007-12-31 | €593.80 Million | +3.88% |
| 2006-12-31 | €571.60 Million | +13.12% |
| 2005-12-31 | €505.30 Million | +7.99% |
| 2004-12-31 | €467.90 Million | -- |
| 2003-12-31 | €0.00 | -- |
| 2002-12-31 | €0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lindex Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 43.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €270.50 Million | 68.65% |
| Common Stock | €77.60 Million | 19.70% |
| Other Components | €45.90 Million | 11.65% |
| Total Equity | €394.00 Million | 100.00% |
Lindex Group Competitors by Market Cap
The table below lists competitors of Lindex Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Shouxiangu Pharm Co
SHG:603896
|
$307.16 Million |
|
DONGGUAN R.COMMERC. H YC1
F:857
|
$307.20 Million |
|
Jiangsu Tongli Risheng Machinery Co. Ltd.
SHG:605286
|
$307.28 Million |
|
Hanza AB
ST:HANZA
|
$307.34 Million |
|
Zhejiang Zhenyuan Share Co Ltd
SHE:000705
|
$307.06 Million |
|
Facc AG
VI:FACC
|
$307.05 Million |
|
Alpargatas S.A
SA:ALPA3
|
$307.02 Million |
|
Garware Hi-Tech Films Limited
NSE:GRWRHITECH
|
$306.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lindex Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 391,500,000 to 394,000,000, a change of 2,500,000 (0.6%).
- Net income of 13,200,000 contributed positively to equity growth.
- Other factors decreased equity by 10,700,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €13.20 Million | +3.35% |
| Other Changes | €-10.70 Million | -2.72% |
| Total Change | €- | 0.64% |
Book Value vs Market Value Analysis
This analysis compares Lindex Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.99x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.42x to 0.99x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €5.72 | €2.42 | x |
| 2003-12-31 | €5.82 | €2.42 | x |
| 2004-12-31 | €8.59 | €2.42 | x |
| 2005-12-31 | €9.17 | €2.42 | x |
| 2006-12-31 | €10.17 | €2.42 | x |
| 2007-12-31 | €10.45 | €2.42 | x |
| 2008-12-31 | €11.54 | €2.42 | x |
| 2009-12-31 | €14.93 | €2.42 | x |
| 2010-12-31 | €12.32 | €2.42 | x |
| 2011-12-31 | €12.12 | €2.42 | x |
| 2012-12-31 | €12.42 | €2.42 | x |
| 2013-12-31 | €12.42 | €2.42 | x |
| 2014-12-31 | €10.55 | €2.42 | x |
| 2015-12-31 | €13.36 | €2.42 | x |
| 2016-12-31 | €14.99 | €2.42 | x |
| 2017-12-31 | €12.28 | €2.42 | x |
| 2018-12-31 | €10.54 | €2.42 | x |
| 2019-12-31 | €6.52 | €2.42 | x |
| 2020-12-31 | €2.75 | €2.42 | x |
| 2021-12-31 | €2.35 | €2.42 | x |
| 2022-12-31 | €2.16 | €2.42 | x |
| 2023-12-31 | €2.49 | €2.42 | x |
| 2024-12-31 | €2.45 | €2.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lindex Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.40%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 3.34x
- Recent ROE (3.35%) is above the historical average (-0.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 16.66% | 3.78% | 1.75x | 2.52x | €19.87 Million |
| 2003 | 16.97% | 3.66% | 1.76x | 2.63x | €21.24 Million |
| 2004 | 12.67% | 4.10% | 1.93x | 1.60x | €12.51 Million |
| 2005 | 15.22% | 4.99% | 2.03x | 1.51x | €26.37 Million |
| 2006 | 13.16% | 6.07% | 1.61x | 1.34x | €18.04 Million |
| 2007 | 14.89% | 6.32% | 0.77x | 3.07x | €29.02 Million |
| 2008 | 5.67% | 2.08% | 1.06x | 2.56x | €-29.81 Million |
| 2009 | 6.34% | 3.17% | 0.88x | 2.27x | €-31.08 Million |
| 2010 | 8.84% | 4.30% | 0.89x | 2.32x | €-10.27 Million |
| 2011 | 3.54% | 1.54% | 0.97x | 2.37x | €-56.19 Million |
| 2012 | 6.00% | 2.53% | 1.01x | 2.34x | €-35.73 Million |
| 2013 | 5.41% | 2.38% | 1.00x | 2.28x | €-41.09 Million |
| 2014 | -13.12% | -6.22% | 0.83x | 2.55x | €-175.84 Million |
| 2015 | -18.18% | -12.20% | 0.63x | 2.36x | €-271.26 Million |
| 2016 | -0.30% | -0.27% | 0.52x | 2.07x | €-111.23 Million |
| 2017 | -23.66% | -19.83% | 0.51x | 2.33x | €-297.91 Million |
| 2018 | -5.95% | -4.44% | 0.52x | 2.56x | €-121.14 Million |
| 2019 | -9.71% | -4.75% | 0.57x | 3.60x | €-92.56 Million |
| 2020 | -141.51% | -36.90% | 0.55x | 6.91x | €-312.42 Million |
| 2021 | 17.86% | 5.33% | 0.63x | 5.28x | €21.08 Million |
| 2022 | 30.27% | 10.35% | 0.77x | 3.82x | €68.04 Million |
| 2023 | 13.21% | 5.43% | 0.73x | 3.35x | €12.55 Million |
| 2024 | 3.35% | 1.40% | 0.71x | 3.34x | €-26.20 Million |
Industry Comparison
This section compares Lindex Group's net assets metrics with peer companies in the Apparel Retail industry.
No peer company data available for comparison.